Ethereum Spot ETFs See Massive Inflow as Price Surges 28%
Ethereum's U.S. spot exchange-traded funds (ETFs) saw a massive influx of $220.77 million on August 20, marking the largest daily inflow since October 2025.
The surge in demand was largely driven by BlackRock's iShares Ethereum Trust ETF, which coincided with a 28% increase in ETH price to $2,409.
This influx of funds has pushed the total net assets of U.S. spot ETH ETFs to $13.58 billion.
If this trend continues, Ethereum could potentially break through a key resistance level, leading to higher prices.